From Asia Times today: “China’s investment in real estate development has slowed down month by month this year owing to the government’s macro-economics control measures. But that’s good news for foreign investors: From January to July, Sino-foreign joint ventures, wholly foreign-owned enterprises and Sino-foreign cooperative ventures reported growth of 87.4%, 60.3% and 60.% respectively – much higher than the national average.
But the sector saw a big inflow of foreign funds in the period. Foreign businesses have taken the opportunity to step up their penetration into China’s real estate sector. Real estate has become a new attraction for foreign investors this year. ”
Read the full article here.
